Military spending gmsd in Bulgaria

Bulgaria: Military spending gmsd was 1.99 billion in 2023. ◆ Volatile

Latest (2023)
1.99 billion
Change on year
up 11.9%
World rank
68th
of 172 countries
All-time high
7.96 billion
in 1987
All-time low
40.81 million
in 1920
Years of data
116
1908–2023

Military spending gmsd in Bulgaria, 1908–2023

02.0B4.0B6.0B8.0B190819652023

Source: Our World in Data.

Analysis

In 2023, military spending gmsd in Bulgaria stood at 1.99 billion.

The figure is up 11.9% on the previous year and up 141.5% over ten years.

Over the whole period, military spending gmsd in Bulgaria peaked at 7.96 billion in 1987 and was at its lowest, 40.81 million, in 1920.

Bulgaria ranks 68th of 172 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Military spending gmsd in Bulgaria, year by year

Annual values for Military spending gmsd in Bulgaria, 1908 to 2023.
Year Value Change
1908 155.74 million —
1909 180.76 million +16.1%
1910 181.32 million +0.3%
1911 184.78 million +1.9%
1912 176.38 million -4.5%
1913 224.28 million +27.2%
1914 196.59 million -12.3%
1915 253.41 million +28.9%
1916 269.21 million +6.2%
1917 232.82 million -13.5%
1918 140.76 million -39.5%
1919 55.91 million -60.3%
1920 40.81 million -27.0%
1921 46.68 million +14.4%
1922 50.19 million +7.5%
1923 103.21 million +105.7%
1924 106.09 million +2.8%
1925 115.06 million +8.5%
1926 115.54 million +0.4%
1927 108.04 million -6.5%
1928 112.33 million +4.0%
1929 107.88 million -4.0%
1930 105.49 million -2.2%
1931 105.96 million +0.4%
1932 105.56 million -0.4%
1933 109.36 million +3.6%
1934 164.76 million +50.7%
1935 209.78 million +27.3%
1936 251.44 million +19.9%
1937 289.42 million +15.1%
1938 333.42 million +15.2%
1939 339.69 million +1.9%
1940 400.09 million +17.8%
1941 365.99 million -8.5%
1942 316.70 million -13.5%
1943 263.33 million -16.9%
1944 270.13 million +2.6%
1945 264.66 million -2.0%
1946 195.98 million -25.9%
1947 186.13 million -5.0%
1948 195.15 million +4.8%
1949 254.44 million +30.4%
1950 296.17 million +16.4%
1951 629.40 million +112.5%
1952 947.70 million +50.6%
1953 1.11 billion +16.9%
1954 1.14 billion +2.7%
1955 1.07 billion -5.9%
1956 1.16 billion +8.6%
1957 1.12 billion -3.7%
1958 1.22 billion +9.3%
1959 1.14 billion -6.5%
1960 1.23 billion +7.0%
1961 1.45 billion +18.0%
1962 1.59 billion +9.9%
1963 1.65 billion +4.1%
1964 1.70 billion +2.7%
1965 1.79 billion +5.2%
1966 2.18 billion +22.2%
1967 2.49 billion +14.0%
1968 2.69 billion +8.2%
1969 2.91 billion +8.1%
1970 3.25 billion +11.5%
1971 4.49 billion +38.3%
1972 4.38 billion -2.3%
1973 3.85 billion -12.2%
1974 3.87 billion +0.5%
1975 3.65 billion -5.7%
1976 3.91 billion +7.1%
1977 3.91 billion +0.1%
1978 3.50 billion -10.7%
1979 3.89 billion +11.2%
1980 4.19 billion +7.8%
1981 4.52 billion +7.7%
1982 5.41 billion +19.7%
1983 6.04 billion +11.8%
1984 6.46 billion +6.9%
1985 6.56 billion +1.7%
1986 7.29 billion +11.0%
1987 7.96 billion +9.2%
1988 7.62 billion -4.2%
1989 6.54 billion -14.2%
1990 4.45 billion -31.9%
1991 2.03 billion -54.3%
1992 1.42 billion -30.0%
1993 1.05 billion -26.3%
1994 798.70 million -23.9%
1995 657.13 million -17.7%
1996 569.88 million -13.3%
1997 560.37 million -1.7%
1998 591.78 million +5.6%
1999 624.96 million +5.6%
2000 593.91 million -5.0%
2001 605.96 million +2.0%
2002 675.79 million +11.5%
2003 717.14 million +6.1%
2004 848.02 million +18.2%
2005 872.13 million +2.8%
2006 1.02 billion +17.1%
2007 1.30 billion +27.5%
2008 1.37 billion +4.8%
2009 1.11 billion -18.8%
2010 1.01 billion -9.1%
2011 915.35 million -9.2%
2012 855.48 million -6.5%
2013 823.84 million -3.7%
2014 823.58 million -0.0%
2015 755.58 million -8.3%
2016 831.77 million +10.1%
2017 926.79 million +11.4%
2018 1.13 billion +22.0%
2019 2.05 billion +81.1%
2020 1.75 billion -14.5%
2021 1.77 billion +0.8%
2022 1.78 billion +0.7%
2023 1.99 billion +11.9%

Bulgaria compared with similar countries

  • Bulgaria's 1.99 billion is below the median for high income countries, which is 6.50 billion, 31% of the median. (55 countries reporting)
  • Bulgaria's 1.99 billion is below the median for Europe & Central Asia, which is 2.44 billion, 82% of the median. (48 countries reporting)

Biggest year-on-year movements

Years where Military spending gmsd in Bulgaria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1951 +112.5% 296.17 million 629.40 million
1923 +105.7% 50.19 million 103.21 million
2019 +81.1% 1.13 billion 2.05 billion

Averages by decade

DecadeAverage LowestHighest Years
1900s 168.25 million 155.74 million 180.76 million 2
1910s 191.55 million 55.91 million 269.21 million 10
1920s 90.58 million 40.81 million 115.54 million 10
1930s 201.49 million 105.49 million 339.69 million 10
1940s 271.26 million 186.13 million 400.09 million 10
1950s 984.26 million 296.17 million 1.22 billion 10
1960s 1.97 billion 1.23 billion 2.91 billion 10
1970s 3.87 billion 3.25 billion 4.49 billion 10
1980s 6.26 billion 4.19 billion 7.96 billion 10
1990s 1.28 billion 560.37 million 4.45 billion 10
2000s 911.16 million 593.91 million 1.37 billion 10
2010s 1.01 billion 755.58 million 2.05 billion 10
2020s 1.82 billion 1.75 billion 1.99 billion 4

Countries ranked near Bulgaria

  1. 65 Slovakia 2.71 billion compare
  2. 66 Yemen 2.45 billion compare
  3. 67 Lithuania 2.17 billion compare
  4. 69 Uzbekistan 1.78 billion compare
  5. 70 Angola 1.77 billion compare
  6. 71 Bahrain 1.75 billion compare

See the full ranking of 172 places →

More reference data data for Bulgaria

All data for Bulgaria →

Frequently asked questions

What is military spending gmsd in Bulgaria?
Military spending gmsd in Bulgaria was 1.99 billion in 2023, according to Our World in Data.
What is the highest military spending gmsd recorded in Bulgaria?
The highest recorded value was 7.96 billion in 1987.
What is the lowest military spending gmsd recorded in Bulgaria?
The lowest recorded value was 40.81 million in 1920.
How does Bulgaria rank for military spending gmsd?
Bulgaria ranks 68th out of 172 countries with data for 2023.
Is military spending gmsd rising or falling in Bulgaria?
Over the last ten years it is up 141.5%. The long-run trend across the full record is volatile.
Where does this Bulgaria data come from?
The figures come from Our World in Data, published as part of Military spending gmsd. Statizoid updates them automatically from the source API.

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Military spending gmsd in Bulgaria. Statizoid, drawing on Our World in Data. Retrieved 13 November 2026, from https://reference.statizoid.com/stat/military-spending-gmsd/bulgaria/

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About this data

Indicator
Military spending gmsd
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 15,402 data points, 1816–2023
Last refreshed